Fashion/Clothing

Adidas

Investor group aims to buy Adidas' Reebok unit

An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday.

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Jimmy Choo

Jimmy Choo IPO pricing values firm at up to $1.1 billion

Luxury shoe company Jimmy Choo (IPO-JIM.L) is on course to join London's main stock market with a value of up to $1.1 billion, industry sources said on Monday, citing the initial price range quoted by banks arranging the sale.

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Adidas Ag

Adidas seeks to placate investors with share buyback

German sportswear maker Adidas, facing investor discontent over its underperforming share price, announced on Wednesday plans to return to shareholders as much as 1.5 billion euros ($1.9 billion) over the next three years.

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Adidas

Adidas fights to draw top talent to HQ in sleepy Bavarian town

Adidas (ADSGn.DE) needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike (NKE.N), but persuading them to move to its headquarters in rural Germany is difficult.

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London Stock Exchange

Luxury shoe brand Jimmy Choo to float on London Stock Exchange

European luxury shoe brand Jimmy Choo said on Tuesday that it would float on the London Stock Exchange, with an offer of existing shares from owner JAB Luxury.

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London Fashion Week

Flowers, pattern-mixing, sportswear triumph at London Fashion Week

Designers took inspiration from nature, sportswear and eclectic pattern mixes for their London Fashion Week collections, offering an array of glamorous gowns and sleek casualwear heavy with hand-crafted details.

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Fashion Models

London designers target fashion-hungry shoppers with 'tech firsts'

Fueled by the boom in online sales for the latest trends, London's designers are finding new ways to deliver instant gratification to fashion hungry shoppers, amid high hopes of boosting growth in the sector.

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Abercrombie & Fitch Co.

Abercrombie to shed logo-centric clothes in North America

Abercrombie & Fitch Co (ANF.N) is finally shedding its traditional logo-focused apparel, clothes that made the brand one of the most sought after among teens in the past two decades.

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Rocket Internet

Rocket Internet and Zalando to unveil listing plans in Sept: sources

German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.

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Gap Inc

Gap raises forecast; to open 40 stores in India

Apparel retailer Gap Inc raised its full-year profit forecast, encouraged by strong sales of its lower-priced Old Navy clothes, and said it would open 40 stores in India as part of its strategy to expand in emerging markets.

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An eBay sign is seen at an office building in San Jose

LVMH and eBay settle litigation over fake goods

LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website.

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mytheresa

Luxury online shop Mytheresa up for sale: sources

The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters.

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flipkart

India's Flipkart buys fashion portal as Amazon spurs consolidation

Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.

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LimeRoad

LimeRoad sports $15 million in a Series B round allocated for new Android App

India-based LimeRoad, an online ecommerce company, lands a $15 million Series B funding round led by Tiger Global on Tuesday. Other participants include Lightspeed Venture Partners and Matrix Partners India.

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Nike Inc

Nike cuts off majority of wearable tech team

Orlando, US-based sports footwear, apparel, and accessories maker Nike is about to cut off 70 out of the 200 members of its Digital Sport unit in a bold move to stop manufacturing hardware and focus its wearable tech efforts on software.

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